The widely accepted assertion that, only if you let markets be will everyone be paid correctly and thus fairly, according to his worth, is a myth. Only when we part with this myth and grasp the political nature of the market and the collective nature of individual productivity will we be able to build a more just society in which historical legacies and collective actions, and not just individual talents and efforts, are properly taken into account in deciding how to reward people.

Democracy and markets are both fundamental building blocks for a decent society. But they clash at a fundamental level. We need to balance them.

The invention of the printing press was one of the most important events in human history.

95 percent of economics is common sense made complicated, and even for the remaining 5 percent, the essential reasoning, if not all the technical details, can be explained in plain terms.

Manufacturing is the most important...route to prosperity.

Countries are poor not because their people are lazy; their people are 'lazy' because they are poor.

The best way to boost the economy is to redistribute wealth downward, as poorer people tend to spend a higher proportion of their income.